$248,000
●
Multifamily -
Off Market
49 Nelson Drive #A
Randolph, MA 02368
2 Beds
1 Bath
1,222 Ft²
$454,682
RealtyHop Estimate
80.07%
Since Jul 1, 2006
MA-Boston
Primary Model
About This Property
Very nice ranch condex located on side street close to public
transportation and stores. Hard wood floors on upper level.
Basement has been finished with a 20x12 family room and another
room. 2 yr old hot water tank. AHS warranty to buyer. 5+ rooms, 2
bedrooms and a full bath. Unit vacant, easy to show.
Unit Size
1,222 Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
Multifamily
Property Taxes
$164
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (MLSPIN #70372388)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
| Sep 27, 2022 | Relisted | $335,000 | |
| Relisted | |||
| Sep 18, 2022 | In contract | - | |
| In contract | |||
| Sep 5, 2022 | Listed by Preservation Properties | $335,000 | |
| Listed by Preservation Properties | |||
| | |||
|
2 Bedroom Condex NO Condo FEE centrally located in the middle of Randolph Renovated in recent years 2 Bedroom unit with Bathroom renovated lower level perfect for additional living space, Office or entertaining Private Backyard , Bonus -Unit has private parking for multiple vehicles Centrally located to shops and Public Transportation
| |||
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Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Appliances: Range, Disposal
Flooring Type: Vinyl, Concrete
Laundry Features: Electric Dryer Hookup
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1222
Year Built Source: Public Records
Year Built: 1960
Building Area Total: 1222
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $199,900
Tax Annual Amount: $1,969
Utilities Details
Cooling Type: None
Heating Type: Central, Baseboard, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: N/A
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2022
|
2 Bed
|
1 Bath
|
842 ft²
|
$335,000
2 Bed
1 Bath
842 ft²
|
$330,000
-1.49%
11/01/2022
|
Regine Boursiquot
Preservation Properties
| |
|
02/05/2020
|
2 Bed
|
1 Bath
|
842 ft²
|
$249,999
2 Bed
1 Bath
842 ft²
|
$237,999
-4.80%
07/01/2020
|
Devin Wong
Kava Realty Group, Inc.
| |
|
04/24/2015
|
2 Bed
|
1 Bath
|
842 ft²
|
$184,400
2 Bed
1 Bath
842 ft²
|
$180,000
-2.39%
09/01/2015
|
Biodun Akande
Biodun Akande Realty LLC
| |
|
04/22/2006
|
2 Bed
|
1 Bath
|
1222 ft²
|
$252,500
2 Bed
1 Bath
1222 ft²
|
$248,000
-1.78%
06/29/2006
|
David Haslam
Todd A. Sandler REALTORS®
| |
|
05/31/2002
|
Loft
|
1 Bath
|
9999 ft²
|
$189,900
Loft
1 Bath
9999 ft²
|
$186,000
-2.05%
08/30/2002
|
Alex Lee
New Century Realty
|
Building Info
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